Growth Metrics

Tencent Music Entertainment (TCMEF) Revenue (2016 - 2022)

Tencent Music Entertainment recorded quarterly Revenue of $1.0 billion in Q2 2022, down 16.81% quarter-over-quarter from $1.2 billion in Q2 2021, and down 16.81% year-over-year from $1.2 billion in Q2 2021.

Tencent Music Entertainment's Revenue history runs 5 years deep, the most recent figure standing at $1.0 billion for Q2 2022.

  • In Q2 2022, Revenue fell 16.81% year-over-year to $1.0 billion; the TTM figure through Jun 2022 stood at $4.2 billion (up 4.25% YoY), while the FY2025 annual figure was $4.6 billion, up 17.33% from the prior year.
  • Revenue came in at $1.0 billion for Q2 2022 at Tencent Music Entertainment, down from $1.2 billion in the prior quarter.
  • In the past five years, Revenue ranged from a high of $1.2 billion in Q2 2021 to a low of $647.0 million in Q1 2018.
  • A 4-year average of $879.4 million and a median of $857.0 million in 2019 frame the typical range for Revenue.
  • Across the five-year window, Revenue surged 32.56% in 2019 and declined 16.81% in 2022, its largest moves.
  • Tencent Music Entertainment's Revenue stood at $780.6 million in 2018, then soared by 32.56% to $1.0 billion in 2019, then rose by 19.77% to $1.2 billion in 2021, then slipped by 16.81% to $1.0 billion in 2022.
  • According to Business Quant data, Revenue over the past three periods registered $1.0 billion, $1.2 billion, and $1.0 billion for Q2 2022, Q2 2021, and Q4 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 109.90 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn 56.31 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 5.31 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn 663.41 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 399.00 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn 1.01 Bn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn 299.91 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn 1.53 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn 863.93 Mn
10 Tencent Music Entertainment - - 514.00 Mn -

Historic Data

Download Data 🔒
DateValue
Jun 30, 2022 1.03 Bn
Jun 30, 2021 1.24 Bn
Dec 31, 2019 1.03 Bn
Sep 30, 2019 910.00 Mn
Jun 30, 2019 859.00 Mn
Mar 31, 2019 855.00 Mn
Dec 31, 2018 780.57 Mn
Sep 30, 2018 730.75 Mn
Jun 30, 2018 706.79 Mn
Mar 31, 2018 646.99 Mn
Dec 31, 2016 354.25 Mn